What happened July 1932 AD - Historydraft

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New York City, New York, U.S.
Friday Jul 8, 1932
Great Depression
The Dow Jones Industrial Index bottoms out at 41.22
New York City, New York, U.S.
Friday Jul 8, 1932
The Dow Jones Industrial Index bottoms out at 41.22, the lowest level recorded in the 20th century and representing an 89% loss from its peak in September 1929.

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Italy
Jul, 1932
Benito Mussolini
Mussolini suggested an anti-French Italo-German alliance
Italy
Jul, 1932
In July 1932, Mussolini sent a message to German Defense Minister General Kurt von Schleicher, suggesting an anti-French Italo-German alliance, an offer Schleicher responded to favorably, albeit with the condition that Germany needed to rearm first.

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Berlin, Germany
Sunday Jul 31, 1932
Great Depression
German federal election (July 1932)
Berlin, Germany
Sunday Jul 31, 1932
The German federal election, July 1932 is held, and the Nazi Party, led by Adolf Hitler, becomes the largest party in the Reichstag.

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